Economic News

After months of speculations that it was about to make the move, the Central Bank of Nigeria (CBN) yesterday announced an increase in the minimum capital requirement for Micro Finance...

Earlier this month, Jack Ma announced that he was stepping down as executive chairman of Alibaba Group Holding Ltd, the world’s largest e-commerce company. His decision caught many by surprise....

The monetary policy committee of the Central Bank of Nigeria says the economy’s exit from recession may be under threat. While reading out the outcome of the two-day meeting of...

The report titled, “2018 Making Business Work”, evaluated government’s efforts in improving the business environment in Nigeria and was presented to the Vice President Yemi Osinbajo, by the Enabling Business...

The Central Bank of Nigeria (CBN), on Monday, said that the cashless policy introduced into the economic, was meant to re-engineer the nation’s economy especially protection of cash transactions among...

Facebook CEO Mark Zuckerberg’s net worth has fallen more than $16 billion after the company was reported weaker-than-expected second-quarter results and issued guidance that its financial future isn’t as rosy...

The world’s leader in digital payments, announced Nigerian startups CredPal and Zowasel as winners in the Merchant Payments and Financial Inclusion challenges of its first ever Sub Saharan Africa (SSA) Everywhere...

Lagos Business School (LBS) has been ranked among the top 50 business schools on The Economist magazine’s 2018 EMBA ranking. The LBS Executive MBA programme ranks as 48th best in...

Dr. Austin Nweze of the Pan-Atlantic University has recommended the ‘college of presidents’ which he expects the National Conference to consider as a new system of government for Nigeria. Nweze...

By Sam Ohuabunwa Last week, I was trapped for hours on the Isolo-Apapa Expressway in an unprecedented traffic gridlock. Many lanes of the so-called expressway were seized by articulated vehicles...